Family homes, or castles in the case of royalty, are a sense of pride and prestige for many people. A young prince who recently found his royal lineage and wished to reclaim his family castle was able to do so with the aid of an FHA loan.
"While engaging in research regarding my family history, I discovered that I was part of a prestigious royal family", explained Anthony Groove. "I realized that my family was really one of the most prestigious and high ranking families in England at one point in time."
The Groove family was so prestigious that they were able to afford a luxury that many people at the time could not – a castle on the shores of the New World, aka America. In the state of Maryland, lies the ancient family castle that belongs to the Groove family. Unfortunately, it is owned by another family.
The family purchased the castle in 1950 when the property when the groundskeeper passed away and the family were unable to keep it running. The home sold for $1.4 million at the time to a historical preserve society.
"It took some research but I discovered who currently owned the family castle and I made it my quest to put it back in the Groove family", explained Anthony. "It is our rightful home, and it shouldn't be out of name like it was."
Anthony Groove was able to schedule a meeting with the president of the historical society. Documents in hand, Groove presented his case to the sympathetic president and hoped that he would be able to regain possession of the family estate.
"I really hoped he would see my passion for the estate", explained Groove. "I just had to have it once I knew my family history with it."
Apparently the stars aligned because the president of the Historical Society was just discussing selling the castle. The down economy has forced them to reconsider having it in their possession.
"We have discussed selling it but there has been no interest in the home", said historical society president, Tom Johns. "I was able to present an offer to Groove of $1.4 million if he so decided to purchase the castle."
Anthony Groove was able to combine his family trust fund with an FHA loan to gain the money and funds he needed to purchase the castle.
"The young prince comes home", said Groove. "It's an amazing feeling, and maybe I'll just start requiring people to call me Prince Anthony just because I can!"